UK and Japan join forces on chip supply with Taiwan ties feeling ‘risky’ in China conflict SEMICONDUCTORS The UK and Japan have pledged to improve the resilience of their semiconductor supply chains, as part of a freshly inked partnership between nations. In a statement today, the UK government said the partnership – which will oversee a combined IT sector worth more than £406bn – will further cement foundations for trade and investment [...]
Matt Hancock to stand down at the next election Tory exodus Matt Hancock will stand down at the next election, with the ex-health secretary telling Rishi Sunak that the Tories “must now reconnect with the public we serve”. Hancock said he had “discovered a whole new world of possibilities which I am excited to explore”, just weeks after he came third on I’m a Celebrity…Get Me [...]
Christmas chaos: Sunak threatens new widespread strike-busting laws xmas disruption Rishi Sunak is now looking at new widespread strike-busting legislation as the UK gets ready for a winter of disruption. Sunak announced during Prime Minister’s Questions (PMQs) today that “I have been working for new tough laws to protect people from” increasing strike action, with Number 10 announcing they will go beyond transport strikes. Number [...]
Baroness Mone loses Tory whip over £200m PPE contract row December 7, 2022 Rishi Sunak has confirmed that Baroness Mone is no longer under the Conservative whip due to the row over PPE contracts. The Prime Minister confirmed she is no longer aligned with the party in the House of Lords, saying he was “absolutely shocked” about revelations this week. This comes after Baroness Mone said she would [...]
Sunak convinces US to double its gas exports to UK to slow sky-high energy bills December 7, 2022 Under fresh plans to clamp down on the rising cost of living across the UK, the government has convinced the Biden administration to double US gas exports to Britain. Prime Minister Rishi Sunak pledged that the new partnership to boost energy security, efficiency and affordability will cut prices for Britons and ensure the UK’s national [...]
Biden and Sunak strike deal to double UK gas imports from US December 7, 2022 The US wants to more than double its gas exports to Britain next year, after Rishi Sunak and Joe Biden struck a landmark deal yesterday. Biden said he wants the US to send at least 9bn cubic metres of liquefied natural gas (LNG) to the UK in 2023, which would be enough to power millions of homes. [...]
All hail the political u-turn – we should welcome more of them December 6, 2022 Should you be driving towards the edge of the white cliffs of Dover, hands on the wheel and pedal to the metal, you can imagine that any passengers who happened to be in the car alongside you would be encouraging you, at some volume and with no small level of profanity, to turn the thing [...]
No regulatory ‘race to the bottom’ says Glen as City braces for rules reform December 6, 2022 A top Treasury minister said the government was not “deregulating for deregulation’s sake” today as the government tries to soothe concerns it will overzealously slash rules governing the financial sector.
Police ‘less likely’ to arrest Just Stop Oil activists using slow march tactic December 6, 2022 Just Stop Oil demonstrators marched through the Square Mile bringing it to a standstill today, with police saying it is “less likely” to arrest them due to their new tactics. The environmental group marched slowly along Old Kent Road through the City and to South London, followed by three vehicles and 10 officers. In the [...]
Strikes: Sunak convenes cabinet as Number 10 tells RMT to reconsider pay offer December 6, 2022 Rishi Sunak has sent a fresh warning to unions ahead of upcoming Christmas strikes, with Number 10 urging transport union bosses to reconsider the current pay offer. Number 10 said National Union of Rail, Maritime and Transport Workers (RMT) boss Mick Lynch should take the current pay offer “seriously” as it is “generous and fair”. [...]